SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.
A public consultation period has opened on plans for a vast renewable energy project including large-scale battery storage which would be used to power mining operations for Australian metals company Fortescue.
Vanadium redox flow batteries (VRFB) could be integrated into a green hydrogen production technology through a collaboration between Australian resources company TNG and Malaysian renewable energy consultancy AGV Energy.
Construction has begun on a facility which will make electrolyte for vanadium flow batteries in South Africa’s Eastern Cape, by vertically-integrated vanadium producer Bushveld Minerals.
Largo Resources, a vertically-integrated vanadium supplier launching its own line of redox flow batteries for energy storage, is establishing 1.4GWh of annual battery stack manufacturing capacity.